GBPUSD Daily Forecast GBP/USD is under mild pressure after touching a two-month high of 1.2630, but is above the 15-month low of 1.2100, the latest trend reversal line. Despite some volatile sentiment, the overall trend is positive with key support...
Looking at the four-hour chart, a different picture emerges, indicating a signal for further buying opportunities. Previously, after a rebound from the lower boundary of the channel at the level of 1.0220, the EUR/USD pair transitioned into a growth...
EUR/USD Technical Analysis Daily Chart Good day, fellow forum and trader! We continue to analyze the market situation for the EUR/USD pair. We open the daily chart and see that the descending price channel was previously broken by breaking through...
Currently, I observe that the currency pair is exhibiting a lack of significant movement, as highlighted by the sideways trend on the H4 timeframe. This consolidation phase is clearly marked by a rectangle on the chart, indicating a period of...
The EUR/USD pair struggled to maintain momentum above the 1.0500 psychological resistance level in recent trading sessions, ultimately retreating to around the 1.0450 mark during Tuesday's North American session. This decline reflects broader...
